How to protect your rental deposit
Landlords are required by law to invest your deposit in an interest-bearing account
11 February 2020 - 13:10
Many tenants get the short end of the stick when it is time for their landlord to refund their deposit. But you can get the upper hand if you know your rights.
For starters, you must know that landlords are required by law to invest your deposit in an interest-bearing account. Even if it was not in fact done, your landlord is liable to you for all the interest the deposit would have earned if it had been properly invested in an interest-bearing account, sasy Trudie Broekmann, an attorney who specialises in consumer law...
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